Question

In: Accounting

EXCEL: In cell I4 insert formula(s) that will calculate the sum of Sales where COGS is...

EXCEL: In cell I4 insert formula(s) that will calculate the sum of Sales where COGS is greater than or equal to its average.

Date Product Region SalesRep Customer Sales COGS Sum of Sales:
4/19/2020 Product3 Region3 SalesRep2 Customer16 $           14,046 $             5,337
4/19/2020 Product7 Region4 SalesRep15 Customer72 $             2,504 $             1,703
4/19/2020 Product2 Region4 SalesRep18 Customer71 $             1,505 $                 843
4/19/2020 Product6 Region4 SalesRep14 Customer88 $             4,232 $             2,793
4/19/2020 Product3 Region4 SalesRep3 Customer65 $             5,947 $             3,390
4/19/2020 Product1 Region8 SalesRep6 Customer100 $             5,721 $             3,204
4/19/2020 Product10 Region8 SalesRep16 Customer68 $           14,744 $             5,308
4/19/2020 Product7 Region2 SalesRep1 Customer85 $             4,018 $             2,371
4/19/2020 Product10 Region5 SalesRep6 Customer6 $             6,442 $             4,445
4/19/2020 Product6 Region4 SalesRep7 Customer1 $             8,160 $             3,509
4/19/2020 Product7 Region2 SalesRep17 Customer28 $             7,520 $             4,738

Solutions

Expert Solution

In cell I4 insert the following formula to get the sum of Sales where COGS is greater than or equal to its average:

=IF(H2>=$H$14,G2,0)

H2 is the amount under head 'COGS'

H14 is the average of COGS

G2 is the respective sales amount

- image of excel is also uploaded along with this.

Date Product Region SalesRep Customer Sales COGS Sum of Sales:
4/19/2020 Product3 Region3 SalesRep2 Customer16 $ 14,046 5,337 14046
4/19/2020 Product7 Region4 SalesRep15 Customer72 $ 2,504 1,703 0
4/19/2020 Product2 Region4 SalesRep18 Customer71 $ 1,505 843 0
4/19/2020 Product6 Region4 SalesRep14 Customer88 $ 4,232 2,793 0
4/19/2020 Product3 Region4 SalesRep3 Customer65 $ 5,947 3,390 0
4/19/2020 Product1 Region8 SalesRep6 Customer100 $ 5,721 3,204 0
4/19/2020 Product10 Region8 SalesRep16 Customer68 $ 14,744 5,308 14744
4/19/2020 Product7 Region2 SalesRep1 Customer85 $ 4,018 2,371 0
4/19/2020 Product10 Region5 SalesRep6 Customer6 $ 6,442 4,445 6442
4/19/2020 Product6 Region4 SalesRep7 Customer1 $ 8,160 3,509 8160
4/19/2020 Product7 Region2 SalesRep17 Customer28 $ 7,520 4,738 7520
Total 74,839 37,641 50912
Average       6,804        3,422

Note: The formula computes value of sales where COGS is >/= average COGS.


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